Description
Don’t miss out on this rare investment opportunity! This property boasts a spacious 6,700 sqft lot with 6-unit multifamily building located in the central Allapattah neighborhood. All units are 2 beds, 1 bath and currently occupied, with rental rates skyrocketing due to the high demand in the area.
The building has recently undergone a complete renovation and offers 6 parking spaces, hurricane impact doors and windows, central air conditioning in each unit, a newly installed revenue-generating coin-operated laundry facility, new railings and fence with an electrical gate. The property is equipped with a 24-hour security camera system. The 40-year recertification completed in 2023, ensuring compliance with all necessary regulations. 6.5-7% CAP Rate.